5 months of pay for doing no work is a great deal, particulary for guys near 60. These guys can draw on 401k at that age. I have heard 6 or 7 have requested forms. Not everyone lives check to check. I suspect may of these older ASA pilots are financially secure and are ready to get the flock out...
2 pilots have already submitted paper work. That is why everyone moved up on the award projection today. I suspect 10 or more will take the offer. ASA pilots are very fortunate to have such an offer in this stagnant economy. I know of no other regionals offering any type of early retirement incentive. Some of these older guys have marginal health, or other lifestyle considerations. They have been dreaming of fly fishing or ranching for the past 10 years. They can't wait to get away from whiny, self centered, hair gel pilots, whose mommies pack them peanut butter and jelly sandwiches for their 4 day trips. By way, who the hell is M. McMclain?
Yes, fortunate. Very fortunate. Because age 60 was the retirement age for the last million years. Therefore, any forward thinking and well prepared pilot over age 60 right now should be well positioned for retirement. This is free money for all those well worn, tired individuals who would like to enjoy the rest of their time on earth doing something more worthwhile than driving into ATL for Planet of the Apes reruns. Many of the pilots who take early retirement were prepared to retire one or two years ago. They don't have to work. I salute those who had the foresight and wisdom to accept this obvious eventuality..
Dude, what the hell does that mean?
Awwww........ Widddlllle Bitttyy Babyyyy all offended?
-Let me go and get your "blankie..." Mommy and I will give you a big hug, some warm milk, and you will feel so much better! Everything will be all "sunshine and smiles" by the time you wake up tomorrow (after crying yourself to sleep tonight.)
-If the going is too rough here, I'll bet Disney has an aviation forum somewhere.